A Ministry of Commerce spokesperson did not mention any U.S. actions specifically, but it's been a tense couple of weeks for the trade negotiations.World Politicsread more
U.S. stock index futures were lower Thursday morning, as market participants continue to monitor an intensifying trade war between the world's two largest economies.US Marketsread more
British Prime Minister Theresa May could announce her resignation in the next few days, according to U.K. media reports, as she faces increasing pressure from members of her...Europe Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
Chinese government-aligned experts are stressing that the U.S. will need to negotiate a trade agreement with Asia's largest economy.China Economyread more
With Tesla shares skidding, two experts weigh in on what could be next for the automaker and its volatile stock.Trading Nationread more
Under-the-radar hedge-fund managers beating the market are betting on big comeback stories General Electric and PG&E, as well as Biogen.Marketsread more
Richard Yu, CEO of Huawei's consumer business, said Huawei's own operating system for smartphones and laptops could be ready for use in China by fall this year.Technologyread more
Best Buy beat Wall Street estimates for quarterly same-store sales on Thursday, as the consumer electronics retailer sold more wearables and tablets and signed up more people...Retailread more
Shares of L Brands, the owner of Victoria's Secret and Bath & Body Works, rose nearly 11% in aftermarket trading Wednesday after the company reported it beat revenue and...Retailread more
The global economy would be hit hard if President Donald Trump decides to impose steep tariffs on imported cars, Citi's Willem Buiter told CNBC on Thursday, with Germany...Autosread more
With the merger between two media giants, Twenty-First Century Fox and Walt Disney Company, receiving shareholder approval on Friday, a key question is: what does this mean to consumers?
Apparently, consumers will likely not benefit from such a deal, industry experts say.
Walt Disney's $71 billion purchase of much of Twenty-First Century Fox's assets gives the combined entity control of a greater share of popular movies and programming. While the deal won't directly raise existing costs to access Disney or Fox content in the near-term, it also doesn't provide any downward pressure on prices.
"There's nowhere to point to where a cost benefit [to consumers] could come from," said Richard Greenfield, a media analyst with institutional brokerage BTIG in New York. "This is about increasing scale and having more leverage."
The U.S. Justice Department approved the merger in June, as long as Disney sells off 22 regional sports networks included in the deal. The Fox network and Fox News are among the business lines excluded from the merger.
Comcast dropped out of bidding war for Fox's assets a week ago, clearing the way for Friday's shareholder vote on the Disney deal.
The rise of streaming services has spurred legacy media companies like Disney to find ways to compete with digital-age powerhouses such as Netflix and Amazon, which not only offer original content but also have international distribution channels. Netflix alone boasts 130 million worldwide subscriptions.
In contrast, Disney and Fox have historically focused on content, including feature films and programming that reaches consumers through distribution channels largely controlled by others, such as theaters and cable providers.
Disney — whose assets include Lucasfilm, Pixar, ESPN, Marvel and ABC Television — already plans to offer its own streaming service in 2019 as a new way for consumers to access its content.
The move also will mean cutting out the middleman for distribution. Already, the company is ending its licensing agreement with Netflix at the end of 2019, meaning Disney movies will be pulled from the lineup.
Launching its own service means Disney-owned films ranging from "Black Panther" and "Iron Man" to "Monsters, Inc." and "Toy Story" could be available on the new service, as well as Fox-owned blockbusters such as "Deadpool" and the X-Men series.
It's uncertain how much the Disney streaming option would cost. Netflix charges between $8 and $14 a month, depending on the service you choose. Amazon Prime, which comes with access to its streaming service, costs $13 monthly.
More from Personal Finance:
Your Netflix habit costs more than you think
Consumers paying $104 billion in credit card interest and fees
Your credit score could mean as much as $45,000 in savings ... or expenses
Meanwhile, the Disney-Fox merger could cause customers of internet TV provider Sling to see changes in their subscription lineups. As it stands, Disney assets — which include ESPN and ABC channels — are part of one $25-a-month package. Fox properties are included in a separate, but same-priced option.
"That probably won't be sustainable," Greenfield said.
Additionally, the merger also means the combined company will control two-thirds of another streaming service, Hulu (each already own about a third). However, former bidding rival Comcast owns the remainder.
Greenfield said it's uncertain at this point what will happen with Hulu, given the current ownership structure.
The Disney-Fox merger, which is expected to be finalized by early next year, follows other consolidation in the industry. For instance, AT&T — which owns satellite provider DirectTV and has a captive network of smart-phone users — just completed its merger with Time Warner in June.
That deal brought together AT&T's distribution power and Time Warner's content (the company owned CNN, HBO and Warner Bros. film and TV studios).
Although Disney is aiming to position itself in a digitally driven media landscape, the company isn't expected to abandon its roots. In other words, you'll still likely have to head to the theater to see its new releases.
"Disney has been the most vocal of all the studios about the importance of maintaining theatrical movies," Greenfield said.
Disclosure: Comcast is the owner of NBCUniversal, parent company of CNBC and CNBC.com.